Is Condo Selling a Good Idea?

[AmazingJob]

More and more buildings are being built left and right here in big cities. Mostly are already Ready for Occupancy (RFO).

I know someone who owns a condo but he said they are planning to sell it if the price is high. Do you think they can get double the price of their investment?

 

[Starmix]

More and more buildings are being built left and right here in big cities. Mostly are already Ready for Occupancy (RFO).

I know someone who owns a condo but he said they are planning to sell it if the price is high. Do you think they can get double the price of their investment?

A property like that doesn't price doesn't depreciate but appreciate so it's possible the price of the condo doubles.

 

[Shavkat]

I think it is, especially those who are single. If the condo unit is bigger, then a family can own it. It is best if the scheme is rent to own.

 

[Bisolami]

More and more buildings are being built left and right here in big cities. Mostly are already Ready for Occupancy (RFO).

I know someone who owns a condo but he said they are planning to sell it if the price is high. Do you think they can get double the price of their investment?

I don't know what condo is because this is my first time hearing about it but I will check Google to know more about it

 

[Starmix]

@Shavkat , it could be a good business for its price doesn't depreciate as years go by unless the condo has damages on flooring, etc..

 

[AmazingJob]

I don't know what condo is because this is my first time hearing about it but I will check Google to know more about it

Condo is short word for condominium. It is a piece of property that real state agent can sell. Or the owner can sell by looking for possible buyers.

 

[Bisolami]

Condo is short word for condominium. It is a piece of property that real state agent can sell. Or the owner can sell by looking for possible buyers.

Oooh sure
This business is very lucrative in my location. You can easily see people who engage in this business

 

[Magnus2022]

Condo is no popular here in Nigeria. Therefore, it does not have any market value here. In western countries, condo can be profitable business because it is flexible, cheap and can be transferred from place to place.

 

[AmazingJob]

Condo is no popular here in Nigeria. Therefore, it does not have any market value here. In western countries, condo can be profitable business because it is flexible, cheap and can be transferred from place to place.

I see. I think most houses are bungalow type or two-storey type buildings.

 

[Bisolami]

Condo is no popular here in Nigeria. Therefore, it does not have any market value here. In western countries, condo can be profitable business because it is flexible, cheap and can be transferred from place to place.

No someone explained to me that condo is the act of selling properties of someone else to another person with the consent of the person

 

[Magnus2022]

No someone explained to me that condo is the act of selling properties of someone else to another person with the consent of the person

Google it then. Condo is a small unit of a big house that can be sold or transferred

 

[Bisolami]

Google it then. Condo is a small unit of a big house that can be sold or transferred

This one Nah wahala. Lol
I will Google it too then. Thank you so much

 

[Magnus2022]

This one Nah wahala. Lol
I will Google it too then. Thank you so much

Grammar pass person

 

[freelancermaria]

I believe it is a good business idea, especially if you have good sales skills and a large network.

 

[Bisolami]

Grammar pass person

Yes ooh, my friend
At first, when I saw it, I said that is my first time hearing about it. I haven't heard of it before

 

[Reedex]

The most important thing about property investment is that it appreciate in my country and it never depreciate, so you are sure to make profit from it.

 

[eldavis]

Selling condos is also part or the same as real estate. This is a very lucrative business, any investment in real estate is lucrative. The most important thing is that you have legit access to the properties and you are good in marketing.